Not so fast, Mr President: Trump's plan for lowering prescription drug prices hits a roadblock, as Canada bans bulk drug exports
A new rule that took effect Monday paves the way for President Donald Trump to fulfill his promise of letting states import certain prescription drugs from Canada — but our neighbor up north is saying ‘not so fast.’
On Saturday, the Canadian government issued new measures to prevent bulk exports to the US that could worsen drug shortages across the country. Canada sources 68% of its drugs internationally, according to a statement from Minister of Health Patty Hajdu. The country has repeatedly taken the stance that the US’ importation rule wouldn’t be effective in lowering prescription drug prices, as its own market is so small.
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